World Fluorochemicals

World Fluorochemicals

This report covers the world market for fluorochemicals by chemical type (fluorocarbons, inorganics and specialties, and fluoropolymers) and market (refrigeration, aluminum production, blowing agents, components and others). Historical data from 1996, 2001 and 2006 and forecasts for 2011 and 2016 are provided in metric tons unless otherwise indicated. The term “demand” is used synonymously with sales and/or apparent consumption. As it is used in this study, “demand” does not include fluorocarbons consumed as a feedstock in the manufacturing of other products. Demand is presented at the manufacturers’ level. Production is defined as demand plus exports minus imports, and includes both recycled products and stock withdrawals. Tabular details may not add to totals due to independent rounding, and ratios may be rounded for the sake of clarity. Corporate figures presented in Section VIII, “Industry Structure,” represent estimates based on the best available information at the time of writing. Sources include annual reports, SEC 10-K reports, securities analyst reports, corporate literature, and interviews with industry competitors and participants.

INTRODUCTION x

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4
General 4
World Economic Outlook 5
World Population Overview 10
World Manufacturing Outlook 12
Capital Investment/Fixed Investment Trends 14
World Motor Vehicle Outlook 17
World Motor Vehicle Park 19
World Motor Vehicle Production 20
World Refrigeration Outlook 22
Commercial 22
Household 25
World Aluminum Outlook 27
Environmental & Regulatory Considerations 30
Environmental Impact 31
Montreal Protocol 34
Kyoto Protocol 36
Perfluorooctanoic Acid 37

III. PRODUCT & MARKET OVERVIEW 39
Product Overview 39
Fluorocarbons 41
HCFCs 45
HFCs 48
CFCs 52
Inorganics & Specialties 55
Fluoropolymers 58
Market Overview 61
Refrigerants 64
Commercial 67
Residential 69
Motor Vehicle 71
Aluminum Production 75
Blowing Agents 77
Components 79
Other 81
Water Treatment 83
Chemical Intermediates 85
Solvents, Aerosols & Miscellaneous 85
Regional Overview 88
Demand 88
Per Capita Consumption 90
Production 93
Trade 95

IV. NORTH AMERICA 97
General 97
United States 99
Canada 110
Mexico 117

V. WESTERN EUROPE 124
General 124
France 126
Germany 134
Italy 141
Spain 148
United Kingdom 154
Other Western Europe 161

VI. ASIA/PACIFIC 170
General 170
Australia 173
China 180
India 190
Japan 197
South Korea 206
Other Asia/Pacific 213

VII. OTHER REGIONS 221
General 221
Latin America 225
Brazil 227
Other Latin America 233
Eastern Europe 241
Russia 244
Other Eastern Europe 251
Africa/Mideast 257

VIII. INDUSTRY STRUCTURE 267
General 267
Market Share 270
Industry Restructuring 272
Competitive Strategies 273
Product Focus/Specialization 273
Product Differentiation 275
Research & Development 276
Cooperative Agreements 278
Marketing & Distribution 282
Company Profiles 284
AGC Chemicals Americas, see Asahi Glass Company
Air Products and Chemicals Incorporated 285
Alcoa Incorporated 288
Anderson Development, see Mitsui Chemicals
Arkema SA 289
Asahi Glass Company Limited 292
Chemtura Corporation 295
Daikin Industries Limited 297
DuPont (EI) de Nemours 301
Dyneon LLC, see 3M Company
Honeywell International Incorporated 308
INEOS Group Limited 312
INOX Air Products, see Air Products and Chemicals
Mitsui Chemicals Incorporated 314
Necsa 316
Rhodia SA 318
Solvay SA 320
3M Company 326
Total SA 329
Other Companies in the Fluorochemical Industry 331

LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3

SECTION II -- MARKET ENVIRONMENT
1 Gross Domestic Product by Region 10
2 Population by Region 12
3 Manufacturing Value Added by Region 14
4 Gross Fixed Investment by Region 17
5 World Motor Vehicle Trends 18
6 World Commercial Refrigeration Shipments 24
7 World Domestic Refrigerator & Freezer Production 26
8 World Aluminum Production 29
9 Ozone Depletion & Global Warming Potentials for Selected Fluorocarbons 33

SECTION III -- PRODUCT & MARKET OVERVIEW
1 World Fluorochemical Demand by Type 40
2 World Fluorocarbon Demand by Type, Market & Region 44
3 World HCFC Demand by Type, Market & Region 48
4 World HFC Demand by Type, Market & Region 52
5 World CFC Demand by Type, Market & Region 54
6 World Inorganic & Specialty Fluorochemical Demand by Type & Region 58
7 World Fluoropolymer Demand by Type & Region 61
8 World Fluorochemical Demand by Market 63
9 World Refrigerant Market for Fluorochemicals by Application, Type & Region 67
10 World Commercial Refrigeration Market for Fluorochemicals by Region 69
11 World Residential Refrigeration Market for Fluorochemicals by Region 71
12 World Motor Vehicle Air Conditioning Market for Fluorochemicals by Sector, Type & Region 74
13 World Aluminum Production Market for Fluorochemicals by Region 76
14 World Blowing Agent Market for Fluorochemicals by Type & Region 79
15 World Components Market for Fluorochemicals by Application & Region 81
16 World Other Market for Fluorochemicals by Type, Market & Region 83
17 World Fluorochemical Demand by Region 89
18 World Fluorochemical Production by Region 94
19 World Fluorochemical Net Exports by Region 96

SECTION IV -- NORTH AMERICA
1 North America -- Fluorochemical Demand by Type & Market 99
2 United States -- Fluorochemical Supply & Demand 102
3 United States -- Fluorochemical Demand by Type 104
4 United States -- Fluorochemical Demand by Market 107
5 Canada -- Fluorochemical Supply & Demand 111
6 Canada -- Fluorochemical Demand by Type 113
7 Canada -- Fluorochemical Demand by Market 116
8 Mexico -- Fluorochemical Supply & Demand 118
9 Mexico -- Fluorochemical Demand by Type 120
10 Mexico -- Fluorochemical Demand by Market 122

SECTION V -- WESTERN EUROPE
1 Western Europe -- Fluorochemical Demand by Type & Market 126
2 France -- Fluorochemical Supply & Demand 128
3 France -- Fluorochemical Demand by Type 130
4 France -- Fluorochemical Demand by Market 133
5 Germany -- Fluorochemical Supply & Demand 136
6 Germany -- Fluorochemical Demand by Type 138
7 Germany -- Fluorochemical Demand by Market 140
8 Italy -- Fluorochemical Supply & Demand 143
9 Italy -- Fluorochemical Demand by Type 145
10 Italy -- Fluorochemical Demand by Market 147
11 Spain -- Fluorochemical Supply & Demand 150
12 Spain -- Fluorochemical Demand by Type 151
13 Spain -- Fluorochemical Demand by Market 153
14 United Kingdom -- Fluorochemical Supply & Demand 156
15 United Kingdom -- Fluorochemical Demand by Type 158
16 United Kingdom -- Fluorochemical Demand by Market 160
17 Other Western Europe -- Fluorochemical Supply & Demand 163
18 Other Western Europe -- Fluorochemical Demand by Country & Type 165
19 Other Western Europe -- Fluorochemical Demand by Market 168


SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific -- Fluorochemical Demand by Type & Market 173
2 Australia -- Fluorochemical Supply & Demand 175
3 Australia -- Fluorochemical Demand by Type 177
4 Australia -- Fluorochemical Demand by Market 179
5 China -- Fluorochemical Supply & Demand 182
6 China -- Fluorochemical Demand by Type 185
7 China -- Fluorochemical Demand by Market 188
8 India -- Fluorochemical Supply & Demand 192
9 India -- Fluorochemical Demand by Type 194
10 India -- Fluorochemical Demand by Market 196
11 Japan -- Fluorochemical Supply & Demand 200
12 Japan -- Fluorochemical Demand by Type 202
13 Japan -- Fluorochemical Demand by Market 204
14 South Korea -- Fluorochemical Supply & Demand 208
15 South Korea -- Fluorochemical Demand by Type 209
16 South Korea -- Fluorochemical Demand by Market 212
17 Other Asia/Pacific -- Fluorochemical Supply & Demand 215
18 Other Asia/Pacific -- Fluorochemical Demand by Type 217
19 Other Asia/Pacific -- Fluorochemical Demand by Market 220

SECTION VII -- OTHER REGIONS
1 Other Regions -- Fluorochemical Demand by Region, Type & Market 224
2 Latin America -- Fluorochemical Demand by Type & Market 227
3 Brazil -- Fluorochemical Supply & Demand 229
4 Brazil -- Fluorochemical Demand by Type 231
5 Brazil -- Fluorochemical Demand by Market 233
6 Other Latin America -- Fluorochemical Supply & Demand 235
7 Other Latin America -- Fluorochemical Demand by Type 238
8 Other Latin America -- Fluorochemical Demand by Market 241
9 Eastern Europe -- Fluorochemical Demand by Type & Market 244
10 Russia -- Fluorochemical Supply & Demand 247
11 Russia -- Fluorochemical Demand by Type 249
12 Russia -- Fluorochemical Demand by Market 251
13 Other Eastern Europe -- Fluorochemical Supply & Demand 253
14 Other Eastern Europe -- Fluorochemical Demand by Type 255
15 Other Eastern Europe -- Fluorochemical Demand by Market 257
16 Africa/Mideast -- Fluorochemical Supply & Demand 260
17 Africa/Mideast -- Fluorochemical Demand by Country & Type 262
18 Africa/Mideast -- Fluorochemical Demand by Market 265

SECTION VIII -- INDUSTRY STRUCTURE
1 World Fluorochemical Sales for Selected Companies, 2006 268
2 Selected Cooperative Agreements 280

LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 World Commercial Refrigeration Equipment Shipments by Region, 2006 25
2 World Domestic Refrigerator & Freezer Production by Region, 2006 27
3 World Aluminum Production by Region, 2006 30

SECTION III -- PRODUCT & MARKET OVERVIEW
1 World Fluorochemical Demand by Type 41
2 World Fluorocarbon Demand by Type 45
3 World Fluorochemical Demand by Market 63
4 World Fluorochemical Demand by Region 90
5 World per Capita Fluorochemical Demand/per Capita GDP Relationship, 2006 92
6 World Fluorochemical Production Share Increase by Country, 2006-2011 93
7 World Fluorochemical Production by Region 95

SECTION IV -- NORTH AMERICA
1 United States Fluorochemical Demand by Type 105
2 Canada Fluorochemical Demand by Type 114
3 Mexico Fluorochemical Demand by Type 120

SECTION V -- WESTERN EUROPE
1 France Fluorochemical Demand by Type 131
2 Germany Fluorochemical Demand by Type 138
3 Italy Fluorochemical Demand by Type 145
4 Spain Fluorochemical Demand by Type 152
5 United Kingdom Fluorochemical Demand by Type 158
6 Other Western Europe Fluorochemical Demand by Type 166

SECTION VI -- ASIA/PACIFIC
1 Australia Fluorochemical Demand by Type 177
2 China Fluorochemical Demand by Type 185
3 India Fluorochemical Demand by Type 194
4 Japan Fluorochemical Demand by Type 202
5 South Korea Fluorochemical Demand by Type 210
6 Other Asia/Pacific Fluorochemical Demand by Type 218

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LIST OF CHARTS

CHART NUMBER PAGE

SECTION VII -- OTHER REGIONS
1 Brazil Fluorochemical Demand by Type 231
2 Other Latin America Fluorochemical Demand by Type 239
3 Russia Fluorochemical Demand by Type 249
4 Other Eastern Europe Fluorochemical Demand by Type 255
5 Africa/Mideast Fluorochemical Demand by Type 263

SECTION VIII -- INDUSTRY STRUCTURE
1 World Fluorochemical Market Share, 2006 272